Plant and Equipment Insurance

With valuable heavy equipment comes specialist needs. Cover liability, damage to machines and lost profits under one tailored plant and equipment insurance package.

5/5
I moved my insurances to Consolidated brokers because I received the best service one could ask for. (...) reassured that me and my company will be in good hands. see more
TOP BROKERAGE 2022 & 2023
The resource of choice for the country’s most forward-thinking insurance professionals.
TOP BROKERAGE 2022 & 2023
The resource of choice for the country’s most forward-thinking insurance professionals.

Plant and Equipment Insurance

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What is Plant and Equipment Insurance Insurance?

Plant and Equipment Insurance otherwise known as Industrial Special Plant (ISP) is designed to provide protection for industrial equipment. It’s ideal for industries such as civil works, agriculture, manufacturing, construction and mining.

ISP is typically a packaged form of insurance; it often includes cover for liability of business activities, loss or damage to machinery/equipment, and lost revenue if a machine is damaged and unable to work.

Whatever your business activities, a comprehensive package will ensure your assets and operations are shielded from the unforeseen.

industrial special plant insurance for diggers, dozers and tippers

What can be covered

What may not be

Get started with Plant & Equipment Insurance

Whatever your business activities, a comprehensive package will ensure your assets and operations are shielded from the unforeseen.

Plant and Equipment Insurance claim example

Jonathan operates a small earthmoving business with a tipper truck, excavator and skid steer loader. He takes out an ISP package with his broker to cover these vehicles and his public liability.

A good contract comes up where Jonathan wins the tender. Part of the job requires a dozer – so Jonathan hires one in and lets his broker know so it’s noted on his policy.

The dozer is vandalised while left on site, and unsafe to use. Jonathan’s ISP policy will pay to both repair the hired in plant, as well as the additional costs he has to pay the hiring company while it is out of action. Knowing that this is all covered, Jonathan is able to hire another dozer to keep work progressing on his contract.

Why Choose CIB?

Consolidated Insurance Brokers can help by placing you with the best policy for your needs. We’ll find you the most competitive rate possible, and offer advice to ensure your insurance protects what matters.

Our Expertise

Committed to finding you the best insurance solution, our team of knowledgeable insurance brokers will get you the best price available

Your Partner

Safe time and effort by letting our team of expert insurance brokers do the work for you, we can manage your insurance on your behalf.

Clear Terms

We will put an end to the endless jargon, we can help you understand your quotes and policies in clear terms.

Full Cover

We are able to access insurance policies that are not available when buying direct, allowing us to get you a more comprehensive cover and better benefits.

What our clients have to say

109 James Street, New Farm

5.0 827 reviews

  • Avatar Vicky Gardner ★★★★★ 3 weeks ago
    A quick search online for Commercial Insurance led me to CIB, and I'm so glad that it did. Aimee Spencer made the whole process really easy for me, even though I first contacted them at 4pm on a Friday afternoon 🙂 She … More answered all of my questions and explained everything clearly, thoroughly professional. Outstanding customer service. Would highly recommend Aimee and Consolidated to anyone looking for business insurance.
  • Avatar Deborah Movliatti ★★★★★ 4 weeks ago
    Debbie at Consolidated Insurance Brokers was exactly what I needed. I received very clear advice and support from her regarding my insurance inquiries. I highly recommend taking the time to talk with Debbie you won’t be disappointed.Thank … More You so much Debbie for helping me purchase the appropriate insurance for my investment. Excellent Service and Professionalism.Regards Deborah Movliatti
  • Avatar Kim Cleggett ★★★★★ a month ago
    I contacted Consolidated Insurance Brokers because I wasn't happy with the way I was treated as a number at my "other" insurance agency. I required insurance for 2 commercial properties and Clayton Rowlings, … More my broker had the best quote available, form a variety of underwriters, within 48 hours. Clayton steered me through an easy process and was a pleasure to work with. A 5 star rating for sure.
  • Avatar Ace Polystyrene ★★★★★ a month ago
    We recently worked with Debbie Blanco to consolidate all of our business insurance policies, and we couldn't be more impressed with the service we received. Debbie took the time to thoroughly understand our business … More needs and was able to streamline multiple policies into a single, efficient package — all while securing the most competitive pricing available. We highly recommend Debbie to any business looking for a reliable, knowledgeable, and proactive insurance Account Manager. She delivers exceptional service and real results.
  • Avatar Mac Christie ★★★★★ a month ago
    Thank you Tracey Friedland for your friendly, efficient and professional manner in finding me a suitable Professional Indemnity underwriter for my unusual form of consultant activity. Also thanks for patiently taking me … More through a process I find daunting. I had to do very little to set the up and the price was much better than expected.

How can we help?

With access to a range of quality insurers, and policies not available to the public, we can offer you a range of competitive quotes.

We’ll help you compare the price with the coverage offered for each, so you can make the best choice for your equipment and activities’ protection.

You’ll also receive recommendations for extras for your highest risks, so you’re not paying for a policy that doesn’t cover what you need. For every new business quote and renewal, we break down all important changes and comparisons for you in plain English.

Frequently Asked Questions

There are many benefits of using a broker over buying directly from the insurer. Insurance brokers:

  • Work on your behalf to secure you better protection through their negotiating power
  • Help you understand your risks and empower you to make better life / business decisions
  • Ensure insurers are held accountable to their promise to protect what you value during claims
  • Save you time and money by taking care of comparing and customising policies for your needs

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